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Showing 11 - 20 of 19176 results for "Act"

ASIC sues CBA over alleged $8.5m in undisclosed fees

VINNY VUCAGO  |  THURSDAY, 12 NOV 2026
... The regulator further alleges CBA's governance arrangements failed to identify and address the issue, and the bank did not act efficiently, honestly and fairly. CBA stopped charging the relevant fees temporarily in June 2025, amended its CommBiz terms ...

North Americans bargain hunt Down Under: Report

KARREN VERGARA  |  THURSDAY, 12 NOV 2026
North Americans' merger and acquisition (M&A) appetite for Australian companies will only intensify in 2027 as they chase undervalued assets, according to a new report. Ashurst Perkins Coie's newly released Global M&A Review predicts that North American ...

Macquarie Bank fined $14m for savings rate blunder

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2026
Macquarie Bank has been slapped with a $14 million penalty for promoting misleading interest rates on a savings account that confused customers on how much interest they would earn. Macquarie admitted to breaching the law in a case brought by ASIC in ...

ASIC forms markets expert advisory group

RIDDHIMA TALWANI  |  WEDNESDAY, 11 NOV 2026
ASIC has formed a time-limited markets expert advisory group to provide the regulator with advice, market expertise and international perspectives. It will bring together market leaders and experts to help identify and prioritise practical improvements ...

FEATURE | Agriculture | Beneath the soil

VINNY VUCAGO  |  WEDNESDAY, 11 NOV 2026
When rain settles, there's a certain kind of optimism that hangs in the air. The soil holds its moisture, crops move ahead of schedule, and the season begins to look less like a gamble. For a farmer, these changes can mean the difference between ...

Allianz Retire+ eyes SMSFs, sophisticated investors

KARREN VERGARA  |  TUESDAY, 10 NOV 2026
Allianz Retire+ is targeting its lifetime income product AGILE at SMSFs and high-net-worth (HNW) investors, saying this is in response to growing demand for flexible retirement income solutions. Allianz Retire+ said the expansion comes as longer life ...

Private credit under fire again, widespread failings persist

KARREN VERGARA  |  TUESDAY, 10 NOV 2026
Private credit funds continue to lag in improving poor disclosure, distribution and conflict-management practices since ASIC handed down its scathing inaugural report into the opaque sector 12 months ago. A new ASIC investigation finds complex, multi-layered ...

MLC Expand taps private equity owner's US network on AI

RIDDHIMA TALWANI  |  TUESDAY, 10 NOV 2026
MLC Expand's new private equity owner is helping the platform leverage its US network to fast-track its AI capabilities, chief executive Liz McCarthy said. Insignia Financial, MLC Expand's parent company, was acquired by New York-based CC Capital earlier ...

Retirement confidence lowest in a decade: Report

MATTHEW WAI  |  TUESDAY, 10 NOV 2026
Just over a quarter of pre-retirees (28%) feel prepared approaching retirement, which has sunk to its lowest point in a decade as those with lower super balances take the biggest hit, an annual report highlighted. According to the Brighter Super and ...

Yarra Capital acquired by Canadian asset manager

RIDDHIMA TALWANI  |  TUESDAY, 10 NOV 2026
Canadian asset manager RBC Global Asset Management (RBC GAM) has acquired Australian active fund manager Yarra Capital Management, which specialises in fixed income, equities and alternatives. RBC GAM is the public investment management division of ...